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Comment: With Huhtamäki probe, EU delves into LuxLeaks with focus on 'deemed deductions'

By Nicholas Hirst ( March 7, 2019, 15:45 GMT | Comment) -- Today's EU inquiry into Huhtamäki's taxes, which is the first to emerge from the 2014 LuxLeaks scandal, sees the European Commission train its interest for the first time on a fiscal concept known as “deemed deductions.” The probe once again raises uncomfortable questions for Luxembourg, which plays host to the Huhtamäki subsidiary at the center of the storm.Today's EU inquiry into Huhtamäki's taxes, which is the first to emerge from the 2014 LuxLeaks scandal, sees the European Commission train its interest for the first time on a fiscal concept known as “deemed deductions.”...

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